Overview
What is Interfaith Council For Action Inc?
Interfaith Council for Action Inc, also known as IFCA Housing Network, is a nonprofit organization based in Ossining, New York. With a mission to improve living conditions for low to moderate income earners, IFCA owns and manages 15 multi-family buildings in Ossining and Tarrytown, providing 92 affordable rental apartments. Approximately 220 individuals and families reside in these buildings, benefiting from below-market rates. The organization sponsors initiatives in housing, recreation, education, and social welfare, ensuring that community members have access to safe, quality, and affordable housing.
Official website here: www.ifcany.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Interfaith Council For Action Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance across multiple dimensions. The overall score indicates a high level of accountability and financial health, with an impressive 96% in the Accountability & Finance category. The organization demonstrates effective governance, with a fully independent board and robust financial oversight practices.
The organization excels in leadership and adaptability, scoring a perfect 100%. This suggests that Interfaith Council For Action Inc effectively navigates challenges and implements strategies that align with its mission. Additionally, it has shown a commitment to community engagement and feedback collection, evidenced by its high scores in these areas, highlighting its responsive approach to stakeholder needs.
While the organization performs well overall, there are areas for continuous improvement, particularly in the equity strategies score, which stands at 83%. This indicates potential room for growth in ensuring equitable practices within its programs and outreach efforts. Overall, Interfaith Council For Action Inc appears to be a well-managed nonprofit with a focus on accountability and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Interfaith Council For Action Inc legitimate?
Interfaith Council For Action Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interfaith Council For Action Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $117,934
Professional Fundraising Fees: $0
Other Salaries and Wages: $515,917
For more financial information, click here
Official website here: www.ifcany.org
What is the mission statement of Interfaith Council For Action Inc?
The Interfaith Council For Action Inc's mission is centered around enhancing the living conditions of low to moderate income earners. This non-profit organization strives to foster, promote, and sponsor better housing, recreational, educational, or social opportunities for individuals falling under this income bracket. Their primary goal is to create and maintain a environment that provides affordable and quality housing for these individuals, ensuring they can reside in their community with ease. Currently, Interfaith Council For Action Inc manages 15 multi-family buildings, housing approximately 220 individuals and families, with rents set below market rates.
Official website here: www.ifcany.org
Who is the CEO of Interfaith Council For Action Inc?
Jackie Shaw is the Treasurer of Interfaith Council For Action Inc.
Official website here: www.ifcany.org
What is the revenue of Interfaith Council For Action Inc?
Interfaith Council For Action Inc's revenue in 2022 was $2,648,852.
Official website here: www.ifcany.org
Who are the executives of Interfaith Council For Action Inc and what are their salaries?
The average compensation at Interfaith Council For Action Inc during 2022 was $42,257. There are 15 employees and 15 volunteers at Interfaith Council For Action Inc.
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- Compensation: $117,934
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- Other: $600
Official website here: www.ifcany.org
Where can I find the form 990 for Interfaith Council For Action Inc?
Interfaith Council For Action Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ifcany.org
Learn more at the official website: www.ifcany.org
Mission Statement of Interfaith Council For Action Inc
Interfaith Council For Action Inc, as a nonprofit organization, is dedicated to improving living conditions for individuals with low to moderate income. This mission is accomplished through fostering, promoting, and sponsoring better housing, recreational, educational, or social opportunities. By doing so, Interfaith Council For Action Inc works to elevate the quality of life for those who may not have the means to access such amenities on their own.
In practice, this mission is carried out by Interfaith Council For Action Inc owning and managing 15 multi-family buildings in Ossining and Tarrytown, New York. These buildings provide 92 rental apartments, which serve as homes for approximately 220 low and moderate income earners. The rents in these apartments are intentionally set below market rates, ensuring that affordable housing remains accessible to residents within their community. This commitment to affordable housing allows individuals and families to secure safe and quality living spaces, fostering a sense of stability and community.
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Impact
October, 2024
Interfaith Council For Action Inc plays a significant role in improving the living conditions for low to moderate-income earners in Ossining and Tarrytown, NY. The organization owns and manages 15 multi-family buildings, providing 92 rental apartments that accommodate approximately 220 residents. By offering rents set below market rates, they ensure that individuals and families have access to safe, quality, and affordable housing.
This impact is crucial in a community where affordable housing can be scarce, allowing residents to live closer to their workplaces and maintain stability in their lives. The emphasis on fostering better housing conditions not only enhances the quality of life for these individuals but also contributes to the overall well-being of the community, promoting social cohesion and economic stability.
This information is meant to be a general summary of Interfaith Council For Action Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,301
- Program Service Revenue: $1,682,145
- Gross Receipts: $2,648,852
Assets and Liabilities:
- Total Assets: $9,387,919
- Total Liabilities: $4,030,940
- Net Assets: $5,356,979
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,039,478
INCOME FROM EMERGENCY
Revenue
$587,132
THRIFT SHOP INCOME
Revenue
$53,135
MAINTENANCE AND TENANT
Revenue
$2,400
Organization Details
Founding Year
1968
Phone
(914) 941-5252Principal Officer
Jackie Shaw
Main Address
138 SPRING STREET PO BOX 790, OSSINING, NY, 10562
Website
www.ifcany.orgNTEE Category
Code: L21 - Housing
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